An Analysis on CSR Reporting Practices of Asian Paints Limited

Abstract

This paper studies the CSR reporting practices of Asian Paints Limited for the period of five years from 2017-18 to 2021-22. The objective of this paper is to study CSR fund allocation and CSR amount spent on various CSR activities of Asian Paints Limited. Descriptive research design and content analysis method is used by the researcher for the study. The result shows that Asian Paints Limited is not able to spent full amount of CSR in the financial year 2017-18, 2020-21 and 2021-22 whereas able to spent full amount of CSR in the financial year 2018-19 and 2019-20. Further the result also shows that Asian Paints Limited is spending most of the amount of CSR in Vocational Skills and spending very less amount in CSR activities like Education, HealthCare, Disaster Management, Safe Drinking Water and Prime Minister National Relief Fund.